A Fighting Chance
United States Senator Elizabeth Warren, remarkably enough, composed her autobiography by her lonesome. A Fighting Chance 鈥� a remarkably short title, too 鈥� was not ghostwritten nor was it generated 鈥渨ith鈥� anyone. The freshman Massachusetts Democrat may be a novice politician, but she is an accomplished author, having written eight books, including two bestsellers, in her previous career as a legal scholar at Harvard, among other places.
Warren鈥檚 prose is as short and direct as her book鈥檚 title. She has a good story to tell and she tells it well. She grew up in Oklahoma in the 1950s and '60s and if her family wasn鈥檛 dirt poor, exactly, it flirted with poverty after her father got ill, lost his job and health insurance, and never fully bounced back. Born Elizabeth Ann Herring, she has three older brothers and did her best growing up to walk the expected line. She sewed; she won the Betty Crocker Homemakers of Tomorrow award; she married young, at 19, and started having babies instead of finishing college.
But Warren 鈥� her first husband鈥檚 name that she retained after divorce and remarriage 鈥� chafed against gender stereotypes. She anchored her high school debate team, a sign that she had greater expectations for herself. She went back to college, on to law school, and become a leading expert on bankruptcy law and policy. Her research documented a growing incidence of bankruptcy nationwide that was fueled by easy credit and rising costs for things like medical care and education, all compounded by stagnating wages and job prospects for middle and lower class Americans.聽聽
By 2008, the combination of her scholarly credentials and passionate advocacy for tighter regulation of financial institutions brought her to Washington. She was chosen to chair the new Congressional Oversight Panel established to monitor the Troubled Asset Relief Program, aka the $700 billion federal bank bailout. She subsequently served as special assistant to President Barack Obama and to the Secretary of the Treasury for the new Consumer Financial Protection Bureau, for which she has advocated. 聽
Warren鈥檚 accomplishments defied expectations virtually every step of the way. She writes, 鈥淭elling my mother about my plan to go to law school was worse than telling her about college. She was sure there was something wrong with me. I should stay home. I should have more children. I should count on [my husband] to support me.... I loved my mother. I wanted her to smile, to believe that I was doing the right thing. But that wasn鈥檛 going to happen. So I ducked my head and kept going.鈥�
In 2012, Warren would win the late Ted Kennedy鈥檚 Senate seat from Republican interloper Scott Brown. Given little chance at the outset against the photogenic incumbent, she beat him handily, taking 54 percent of the vote. Her autobiography was finished early in her Senate tenure, so it is a small wonder that portions of it read like stump speeches, including the one she delivered at the 2012 Democratic National Convention; she told a national television audience that 鈥淭he system is rigged鈥� by the rich and powerful against Americans who are middle class or below. She made Ted Kennedy seem like a moderate.
And while Warren鈥檚 talking points can get wearisome, her book is more than the political manifesto of an unabashed northeastern liberal. She was in the eye of the financial storm from 2008 to 2010 and provides an intimate account of what was at stake and how the government reacted to the crisis. Her observations are often quite telling. She writes, 鈥淥ver and over Congress had declared that there was no money for bridges or preschool or more medical research, but now the American taxpayer was on the hook for a $700 billion bailout of the big banks.鈥�
And while the money eventually was repaid, Warren opines that Congress as a whole was more concerned about the health of big banks 鈥� with millions to spend on lobbyists and campaign contributions 鈥� than it was about smaller banks or ordinary Americans in financial distress. She writes that the bailout was sold on the basis that it 鈥渨ould make it possible for banks to start lending to small businesses again and to help relieve the foreclosure crisis. But once those no-strings-attached checks were distributed to the big banks, that promise went up in smoke.鈥�
The book, however, is not all politics all the time. Warren also offers occasional glimpses of the woman behind the senator. For example, she movingly recounts the ordeal of Otis, the family dog, who succumbs to cancer in the final week of her Senate campaign. At another point, she writes, 鈥淔or months now, whenever I met a little girl on the campaign trail, I would bend down, take her hand, and tell her quietly, 鈥業鈥檓 Elizabeth Warren and I鈥檓 running for Senate, because that鈥檚 what girls do.'"
David Holahan is a Monitor contributor.
